Aurelius222

Aurelius222

some more sideways and upwards movement will make them cross

Aurelius222

GOLD is definitely going for the GOLDEN CROSS. i expect this to happen during the FED meeting. LONG TERM ANALYSIS

Aurelius222

we are seeing down movement until May 3th. i will buy just before the meeting

Aurelius222

CHECK this out! the fed rate decision pattern as i call it. the price always goes down towards a new hike. short after the hike we find ourselves in a big jump upwards. this will happen again. sell to the 3th of MAY and buy just before the meeting

Aurelius222

if it holds we will go further down where 1261 is key for the uptrend short term

Aurelius222

we landed right on 2 important support lines. these will decide the following direction for gold

Aurelius222

we have seen the ABC correction as predicted. This one is finished now after we've seen a triangle break during bottom forming, are we in a new bullish elliottwave?

Aurelius222

the correction wave that we are in now will set the bottom for gold. After we can start a new bullish elliottwave

Aurelius222

We have seen the triangle being borken up. The next possibility for further downmovement will be a sHs pattern

Aurelius222

like i mentioned, 1290 is holding. false break was fun, but we are going to see a correction wave now

Aurelius222

Retracement possibility at 2011 resistance is big

Aurelius222

Short after another 2011 resistance test

Aurelius222

if it breaks, we go ballistic. if it doesn't we can go down fast (hyperinflation)

Aurelius222

important update

Aurelius222

1285 take profit and now. good luck

Aurelius222

as expected

Aurelius222

we are in a new elliott wave 1-2-3-4-5 BULLISH

Aurelius222

If this support breaks, it will indicate more down movement.